American Express has a great portfolio of small business cards, and the cards often have increased welcome bonuses. For that matter, a lot of card issuers have been focused on small business cards over the past several years, and you’ll often find that they have better welcome bonuses and benefits than personal cards.
For those who may not be familiar with the process of applying for business cards, in this post I wanted to talk about Amex small business cards — what offers are available, what are the advantages of applying for Amex business cards, and how should you go about applying?
The Best Amex Business Cards
There are several great American Express business cards, including some cards earning Membership Rewards points, and some co-brand cards that can earn you valuable airline or hotel rewards.
The card that’s best for your small business will depend on what your travel goals are. Here are a few of my favorites, including some limited time bonuses:
Delta Business Amex
Through April 28, 2021, Delta Amex business cards are offering increased welcome bonuses. With the Delta SkyMiles® Gold Business American Express Card (review):
- Earn 70,000 bonus SkyMiles and a $50 statement credit after spending $2,000 within the first three months
- $0 introductory annual fee for the first year, then $99 (Rates & Fees)
- Earn 90,000 bonus SkyMiles and a $100 statement credit after spending $3,000 within the first three months
- $250 annual fee (Rates & Fees)
- Earn 80,000 bonus SkyMiles, 20,000 Medallion Qualification Miles (MQMs), and a $200 statement credit after spending $5,000 within the first three months
- $550 annual fee (Rates & Fees)
Redeem SkyMiles for travel in Delta One
Hilton Business Amex
- Earn 130,000 Hilton Honors points after spending $3,000 within the first three months
- $95 annual fee (Rates & Fees)
Receive complimentary breakfast with the Gold status that comes with the card
Marriott Business Amex
- Earn 100,000 Marriott Bonvoy points after spending $5,000 within the first three months, plus a $150 statement credit after a single purchase within that same period
- $125 annual fee (Rates & Fees)
Earn Marriott Bonvoy status more easily with a co-branded credit card
Blue Business Plus Amex
If you’re looking for the best no annual fee Amex business card that earns Membership Rewards points, then The Blue Business® Plus Credit Card from American Express (review) is the clear winner:
- Earn 2x Membership Rewards points on the first $50,000 spent annually
- $0 annual fee (Rates & Fees)
Earn lots of Membership Rewards points with this card
Blue Business Cash Amex
As far as I’m concerned there’s one excellent cash back Amex business card, which has a generally similar rewards structure to the Blue Business Plus, and that’s The Blue Business Cash™ Card from American Express (review):
- Earn 2% cash back on the first $50,000 spent annually
- $0 annual fee (Rates & Fees)
This is the best Amex card for earning cash back
Business Gold Amex
- Earn 70,000 bonus Membership Rewards points after spending $10,000 within the first three months
- $295 annual fee (Rates & Fees)
- The card offers 4x points in the two categories you spend most in each month, on a total of up to $150,000 in combined purchases every year; eligible categories include airfare purchased directly from airlines, U.S. purchases for advertising in select media, U.S. purchases at gas stations, U.S. purchases at restaurants, U.S. purchases for shipping, U.S. computer hardware, software, and cloud computing purchases made directly from select providers
Redeem Amex points for travel on Singapore Airlines
Business Platinum Amex
- Earn 100,000 bonus Membership Rewards points after spending $15,000 within the first three months
- $595 annual fee (Rates & Fees)
- The card offers many perks that help offset it, including a $200 annual airline fee credit, a Priority Pass membership, access to Delta SkyClubs when flying Delta same day, Amex Centurion Lounge access, and more
Access Amex Centurion Lounges with this card
Advantages Of Applying For Amex Business Cards
There are a few things worth knowing specifically about applying for Amex business cards. Anecdotally:
- Applying for Amex business cards doesn’t count towards Chase’s 5/24 limit; that’s because these applications typically aren’t reported on your personal credit report
- If you’re an existing Amex cardmember and apply for another Amex card, your credit won’t initially be pulled; this means that if you get a preliminary denial based on existing information, it won’t ding your credit score
- Among business credit cards, I find that Amex cards are significantly easier to be approved for than Chase or Citi cards, so it’s a great place to start if you’re getting your first business card
Restrictions On Applying For Amex Business Cards
Amex’s general restrictions on applying for cards is as follows:
- You can generally have at most four Amex credit cards at any given point, which doesn’t include hybrid cards, like the Amex Business Gold; it doesn’t matter whether the credit cards are personal or business (this limit used to be five, but seems to have been temporarily lowered to four)
- You can typically be approved for at most two American Express credit cards in 90 days, though there are some inconsistencies when it comes to that
How To Fill Out An Amex Business Card Application
Those who already have business credit cards are probably familiar with the application process, but for those who aren’t, here’s what you need to know.
It can be intimidating to apply for your first business credit card, though even if you’re a small business or sole proprietorship, you should be eligible. When applying for an Amex business card, you’ll be asked the following questions:
- Legal Business Name
- Business Address & Phone Number
- Industry Type
- Company Structure
- Years In Business
- Number Of Employees
- Annual Business Revenue
- Estimated Monthly Spend
- Federal Tax ID
If you’re a sole proprietorship, how should you approach this? First of all, and most importantly, answer everything truthfully. I think the concern that a lot of people have is that they think they need an incorporated business, a separate office, etc., in order to be considered for a business card. That’s not the case:
- You can use your name as your legal business name
- The business address and phone number can be the same as your personal address and phone number
- You can select “other” as your industry type, if that’s the case
- If you’re a sole proprietorship, you can select that as your company structure
- In terms of years in business, there’s no shame in saying it has been less than a year, one to two years, etc.
- In terms of the number of employees, saying just one is perfectly fine
- For the federal tax ID you can put your social security number
While a lot of people are intimidated by applying for their first business card, I think most are pleasantly surprised at the results. Again, the most important thing is to always be truthful on the application.
American Express business cards can be very beneficial additions to your wallet, so hopefully, this is useful for anyone who hasn’t yet applied for an Amex business card. Even if you’re not someone who has applied for Amex business cards in the past, you may be pleasantly surprised by the results.
At the moment there are some particularly good offers on Amex business cards, especially for the Delta cards, Hilton cards, and the Amex Business Gold.
What has your experience been applying for Amex business cards?
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Business Gold Card (Rates & Fees), Delta SkyMiles® Reserve Business American Express Card (Rates & Fees), Delta SkyMiles® Gold Business American Express Card (Rates & Fees), Delta SkyMiles® Platinum Business American Express Card (Rates & Fees), The Blue Business® Plus Credit Card from American Express (Rates & Fees), The Business Platinum® Card from American Express (Rates & Fees), The Hilton Honors American Express Business Card (Rates & Fees), Marriott Bonvoy Business™ American Express® Card (Rates & Fees), and American Express® Blue Business Cash Card (Rates & Fees).